Global Sports Medicine Market is expected to reach USD 32,199.3 million by 2024 from USD 16,520.0 million in 2016, at a CAGR of 8.7% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Segmentation:

· By Product Type {Orthobiologics (Bone Graft Substitutes, Viscosupplementation, BMC, PRP), Surgical Devices (Plates and Screws), Arthroscopy Devices, Orthopaedic Braces and Supports};

· By Body Area (Knee, Hip, Shoulder & Elbow, Foot & Ankle, Wrist & Hand),

· End Users (Orthopaedic Clinics, Hospitals, Ambulatory Surgical Centers, Others),

· By Geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa)

Drivers:
The major factors driving the growth of this market are the increasing incidences of sports injuries, increasing adoption of arthroscopic surgeries, continuous influx of new products and treatment modalities, growing research activities in sports medicines, increased adoption and acceptance of arthroscopy and minimally invasive procedures.

GROWING RESEARCH ACTIVITIES IN SPORTS MEDICINE

· Growing research activities in the field of sports medicine is one of the major driving factors for the sports medicine market.

· Continuous research studies lead to advancements in the preventive and curative aspects of sports medicine.

· This, in turn, plays a significant role in supporting the rapid development of new treatment options.

DEVELOPMENTS IN THE FIELD OF REGENERATIVE MEDICINE
· Growing regenerative medicine plays a significant role in the management of sports injuries. This area of medicine includes the use of orthobiologics, which are substances used to improve the healing of broken bones and injured muscles, tendons, and ligaments.

· Orthobiologics are made from substances that are naturally found in the body and, when used in higher concentrations, they may help speed up the healing process.

INCREASED ADOPTION AND ACCEPTANCE OF ARTHROSCOPY & MINIMALLY INVASIVE PROCEDURES
· Arthroscopy is a minimally invasive procedure that is used for the diagnosis and treatment of joint injuries and diseases through small incisions in the skin.

· Being less painful and tedious, these procedures are widely accepted by physicians and patients alike.

Major Players:

Some of the major players operating in this market are

1. Arthrex, Inc.,

2. Smith & Nephew,

3. DePuy Synthes,

4. Stryker,

5. CONMED Corporation,

6. Johnson & Johnson,

7. Bird & Cronin, Inc.,

8. Zimmer, Inc.,

9. Biomet Inc.,

10. Anika Therapeutics,

11. Ossur,

12. Breg Inc.,

13. Mueller Sports Medicine, Inc.,

14. DJO global,

15. Medtronic.

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